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CMA CGM acquires OPDR

CMA CGM group has announced the acquisition of the German company Oldenburg-Portugiesische Dampfschiffs-Rhederei GmbH & Co. KG. (OPDR). OPDR is a shipping company owned by the Bernhard Schulte Group, a short sea shipping and door to door logistics company operating in Northern Europe, Canary Islands, the Iberian Peninsula and Morocco.

With over 200 dedicated collaborators and its network of agencies, the company connects Europe, Scandinavia and North Africa.

Farid Salem, CMA CGM’s Chief Executive Officer said, “This new acquisition reinforces the group’s presence on the growing intra-European Short Sea transportation market. This is a continuation of our strategy to broaden our regional network, a strategy which began with the acquisition of MacAndrews in 2002. As with MacAndrews, we plan on maintaining and developing the OPDR company, as well as creating new synergies with both MacAndrews and the CMA CGM Group”.